Rupee logs biggest weekly gain in more than a year, but …
2 days ago · The Indian rupee rose on Friday and posted its biggest weekly rise more than a year, helped by relief in the Asian forex space over U.S. President Donald Trump not levying tariffs immediately on taking office. The rupee closed up 0.3% at 86.2050 per U.S. dollar, and was up 0.5% this week, highest since week ended Aug. 25, 2023.
In calibrated move, RBI loosens grip, lets rupee ... - The Indian …
Jan 18, 2025 · Rupee traders have been keen to assess the new RBI Governor’s view on the currency since he assumed office last month. “Recent rupee price action points to a higher tolerance for a weaker exchange rate, demonstrated in the -2.1 per cent fall in the rupee vs dollar in Q4 of FY24, compared to nearly flat Q1-Q3.
Ease liquidity; let rupee adjust on its own ... - The Indian Express
2 days ago · Let the rupee find its own level — that was the broad message conveyed by senior economists to the Reserve Bank of India (RBI) Governor Sanjay Malhotra in a meeting in Mumbai on Friday. Economists are learnt to have communicated to the central bank chief that the RBI’s current stance on rupee is ...
India’s Economy Slows Down Just When It Was Supposed to …
6 days ago · Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy. By Alex Travelli Reporting ...
Plummeting rupee could delay India rate cuts, analysts say
Jan 15, 2025 · Some analysts are pushing back expectations for interest rate cuts in India as the rupee's slump to record lows fans worries about inflation, even as growth in Asia's third-largest economy slows.
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
The Indian rupee gained ground against the US dollar, rising to 84.6550 ahead of the Reserve Bank of India's (RBI) monetary policy decision. Analysts predict potential easing measures like a CRR reduction, but a surprise rate cut could weaken the rupee further.
Rupee ends at record closing low, pressured by outflows, weak …
Oct 17, 2024 · The Indian rupee ended at its weakest closing level on record on Thursday, weighed down by strong dollar demand from foreign banks, likely due to outflows from equities, and the weakness in...
USD/INR: Indian Rupee Breaching 85 Has Traders Watching New …
Dec 20, 2024 · Rupee Breaching 85 Has Traders Watch for RBI’s Line in Sand. Currency’s volatility may rise on stronger dollar after Fed; Analysts expect RBI will continue to intervene in forex market
Rupee slips to record low pressured by decline in Asian peers
Oct 14, 2024 · The Indian rupee slipped to an all-time low on Monday, weighed down by a fall in most Asian peers and strong dollar demand from foreign banks.
INR USD: New Red Line for Indian Rupee After Record Lows
Aug 9, 2024 · The rupee fell to a new all-time low of 83.9875 per dollar on Thursday, and is down 0.7% this quarter. India’s central bank looks to have drawn a new line in the sand for the rupee at the...